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Fortive Corporation
Long

FTV, 2024-06-27

By nowk
Updated
Context:

  • Weekly - Support zone @ 73.20/70.84
  • Daily - Trend line break; Retracement back to "First Red"
  • 1h - CHOCH; Gap as entry/stop range (2x ATR as buffer)


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  • Main Target - Weekly Resistance @ 76.67
  • Breakeven stop @ 74.50
  • 2/3s out @ 75.03 (Fin ext. 0.414)


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Expected RR (at full) 4.32
Comment
Breakeven marker hit @ 74.50; Stops moved to breakeven.
Trade closed: stop reached
Breakeven stop @ 74.50
Multiple Time Frame AnalysisSupport and ResistanceswingtradingTrend Lines

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